5 E 59th St
Lenox Hill
New York, NY, 10022

Built in 1984 this 38,052 sq.ft. building is 88% Office Space, 12% Retail and contains 0 residential units and 17 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route NRoute QRoute R 2 Minute walk, 0.1 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 5 Minute walk, 0.2 Miles
    • 57th St Route F 6 Minute walk, 0.3 Miles
    • 5th Av-53rd St Route ERoute M 7 Minute walk, 0.4 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 12 Minute walk, 0.6 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 15 Minute walk, 0.8 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 19 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 24 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • East Side Elementary School, PS 267
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Medea Mcevoy
        • Phone: 212-888-7848
        • Address: 213 East 63Rd Street
        • Website: schools.nyc.gov
    • Middle School

      • Warning: This property is located near the boundary of it's school zone.
      • J.H.S. 167 Robert F. Wagner
        • Grades: 06,07,08,SE
        • Principal: Jennifer Rehn
        • Phone: 212-535-8610
        • Address: 220 East 76 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Public Records

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    • Caffe Centrale LLC sold this property to Cgo 59Th Street Owner, LLC for $5,000,000.00 on 2016-01-08. Show Details
    • An Assignment of Leases and Rents was granted to Cgo 59Th Street Owner, LLC by New York Agency United Overseas Bank Limited or 2015-09-25 Show Details
    • Cgo 59Th Street Owner, LLC took a mortgage for $10,750,000.00 from New York Agency United Overseas Bank Limited on 2015-09-25. Show Details
    • An Assignment of Leases and Rents was granted to Cgo 59Th Street Owner, LLC by New York Agency United Overseas Bank Limited or 2015-09-25 Show Details
    • Cgo 59Th Street Owner, LLC took a mortgage for $5,100,000.00 from New York Agency United Overseas Bank Limited on 2015-09-25. Show Details
    • An Assignment of Leases and Rents was granted to Cgo 59Th Street Owner, LLC by New York Agency United Overseas Bank Limited or 2015-06-17 Show Details
    • Cgo 59Th Street Owner, LLC took a mortgage for $59,150,000.00 from New York Agency United Overseas Bank Limited on 2015-06-19. Show Details
    • Mip 5 East 59Th Street, LLC sold this property to Cgo 59Th Street Owner, LLC for $85,000,000.00 on 2015-06-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-07-06. Parties: N.A. Wells Fargo Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-07-06. Parties: N.A. Wells Fargo Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-07-06. Parties: N.A. Wells Fargo Bank Show Details
    • 5 East 59 Realty Holding Company, LLC Satisfied their Mortgage with North Fork Bank on 2015-03-19. Show Details
    • UCC3 Termination dated 2015-03-18, Debtor: Mip 5 East 59Th Street LLC, Secured Party: Wells Fargo Bank N.A., Assignee: Show Details
    • Initial UCC1 dated 2012-12-18, Debtor: Mip 5 East 59Th Street, LLC, Secured Party: N.A As Trustee Wells Fargo Bank, Assignee: Show Details
    • Consent (Other Documents) was filed on 2012-12-18. Parties: Mip Us Holdings, LLC & 5 East 59 Realty Holding Company, LLC & N.A. Wells Fargo Bank & Alexandros Demetriades & Mip 5 East 59Th Street, LLC Show Details
    • Slr Retail LLC & 5 East 59Th Street Realty Associates LLC sold this property to Mip 5 East 59Th Street, LLC for $8,750,000.00 on 2012-11-19. Show Details
    • 5 East 59 Realty Holding Company, LLC sold this property to Mip 5 East 59Th Street, LLC for $37,250,000.00 on 2012-11-19. Show Details
    • UCC3 Amendment dated 2012-11-30, Debtor: Mip 5 East 59Th Street, LLC, Secured Party: N.A Wells Fargo Bank, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2009-09-16. Parties: 5 East 59 Realty Holding Company, LLC, Wells Fargo Bank, N.A., As Trustee Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-08-18. Parties: 5 East 59Th Realty Holding Company, LLC, Lasalle Bank National Association, Wells Fargo Bank, N.A., As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-08-18. Parties: Lasalle Bank National Association, Wells Fargo Bank, N.A., As Trustee Show Details
    • On 2005-04-29 a mortgage on this property was transferred from Lasalle Bank National Association to Wells Fargo Bank, N.A., As Trustee. Show Details
    • An Assignment of Leases and Rents was granted to Lasalle Bank National Association by 5 East 59 Realty Holding Company, LLC or 2005-02-04 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2005-03-02. Parties: 5 East 59 Realty Holding Company, LLC, Lasalle Bank National Association Show Details
    • On 2005-01-31 a mortgage on this property was transferred from Independence Community Bank to Lasalle Bank National Association. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-03-02. Parties: Independence Community Bank, 5 East 59 Realty Holding Company, LLC Show Details
    • Initial UCC1 dated 2005-02-17, Debtor: 5 East 59 Realty Holding Company, LLC, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • UCC3 Termination dated 2005-02-17, Debtor: 5 East 59 Realty Holding Company, LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2002-09-26, Debtor: 5 East 59 Realty Holding Company, LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • 5 East 59 Realty Holding Company, LLC took a mortgage for $3,375,560.50 from Independence Community Bank on 2002-08-02. Show Details
    • On 2002-08-02 a mortgage on this property was transferred from North Fork Bank to Independence Communtiy Bank. Show Details
    • On 2002-08-02 a mortgage on this property was transferred from 5 East 59 Realty Holding Company LLC to Independence Community Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2002-08-02 between 5 East 59 Realty Holding Company, LLC and Independence Community Bank Show Details
    • A Miscellaneous legal document filed on 2002-08-02. Parties: North Fork Bank Show Details
    • Mortgage Agreement for $0.00 dated 1984-11-27 between Hongkong And Shanghai Banking Corporation and Prudential Insurancecompany Of America Show Details
    • 5 East 59 Realty Holding Company, LLC took a mortgage for $6,000,000.00 from North Fork Bank on 1998-10-29. Show Details
    • On 1998-10-29 a mortgage on this property was transferred from 5 East 59 Realty Holding Company, LLC to North Fork Bank. Show Details
    • Hongkong And Shanghai Banking Corporation & Hongkong And Shanghai Banking Corporation Ltd. sold this property to 5 East 59 Realty Holding Company, LLC for $0.00 on 1998-10-08. Show Details
    • Initial UCC1 dated 1998-10-22, Debtor: 5 East 59 Realty Holding Company, LLC, Secured Party: North Fork Bank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1984-12-11 between Hongkong & Shanghaietc. and Prudential Ins Co/Amerca Show Details
    • Edgar Realty Corp. Satisfied their Mortgage with Philips,Herman Et,Al on 1982-06-15. Show Details
    • Playboy Club Of N.Y.Inc sold this property to Hongkong & Shanghaietc. for $0.00 on 1982-05-13. Show Details

    Lot

    Address
    5 E 59th St, 10022
    Square Footage
    5,020
    Lot Type
    Inside
    Dimensions
    50.0ft x 100.42ft
    BBL
    1013740005

    Neighborhood

    Neighborhood
    Lenox Hill
    Historic District
    N/A
    Community District
    08
    City Council
    4
    Police Precinct
    19
    Fire Company
    E039
    School District
    2
    Census Tract
    114.01

    Zoning

    Zoning District
    C5-2.5
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $4,750,000
    MV Total
    $13,247,000
    AV Land
    $2,137,500
    AV Total
    $5,961,150

    Floor Area Ratio

    Built FAR
    7.58

    Residential
    Zoned FAR 10.0
    Max 50,200.0 sq. ft.
    Remaining 12,148.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 60,240.0 sq. ft.
    Remaining 22,188.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 60,240.0 sq. ft.
    Remaining 22,188.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1984
    Alterations
    N/A
    Floors
    9.0
    Residential Units
    0
    Total Units
    17
    Floor Area
    38052
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 19th Precinct of Manhattan.

    Property Crime

    Average
    In 2015 the 19th Precinct saw 768 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is lower then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Very low
    In 2015 the 19th Precinct saw 115 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View